Introduction This updated procedure outlines an efficient system for planning, scheduling, and reporting within the realms of engineering, procurement, and construction activities. It is designed to provide the OWNER and CONTRACTOR with accurate tools to monitor project progress and resource status effectively. Contents of the Procedure The procedure encompasses the […]
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1. Introduction This document outlines the invoicing and payment procedures for both lump sum pricing (divided into Off-shore and On-shore components) and Variations for the {Project Name}. It also includes the required formats for invoice documentation. 2. Invoicing Procedure 2.1 General Conditions – 2.1.1 Payment from the OWNER to the […]
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To effectively manage and control claims in the modern construction industry, adherence to a well-defined and robust claims management procedure is essential. This process must align with international standards such as those set by the Fédération Internationale des Ingénieurs-Conseils (FIDIC), which provides a framework for resolving disputes and handling claims […]
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Introduction to Advanced Cost Management In today’s rapidly evolving construction industry, managing costs effectively is paramount for the success and sustainability of any project. As such, a sophisticated cost control system is essential. This document outlines a comprehensive approach to cost management, designed to align with international standards and adapt […]
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In the complex world of construction management, timely project delivery is not just a goal but a critical requirement. However, delays are a common challenge, affecting everything from budget to resource allocation. To address these issues effectively, forensic delay analysis has emerged as a vital tool. This comprehensive guide explores […]
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What is Quantum Report? A Quantum Report (QR) in the context of construction and project management refers to a detailed document used to assess and quantify the financial impacts associated with changes or disruptions in a project. This type of report is typically used in legal or arbitration cases, where […]
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What is Collapsible As-Built Schedule Analysis? Collapsible As-Built Schedule Analysis (CABSA) is a method used in construction project management for forensic delay analysis. This technique involves analyzing the as-built schedule, which is the actual sequence and timing of activities as they occurred during project execution, as opposed to the planned […]
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Prayer is akin to a sacred dialogue with the divine in our faith journey. However, the question arises: Is preparation necessary before conversing with God? When we commune with the divine, we are met with love, compassion, and blessings, regardless of the formality or setting. There exists no rigid formula […]
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Good writing can be achieved only if it is adequately planned and follows the basic rules of general correspondence, using simple, concise, and accurate plain English. When writing a letter, you have to double-check everything yourself. Though it is hard to check your work, and you believe that your draft […]
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In the face of unprecedented challenges brought about by the COVID-19 pandemic, it’s easy to feel overwhelmed and helpless. However, amidst the chaos and uncertainty, one timeless practice remains a source of solace and strength: prayer. Regardless of religious affiliations, prayer has emerged as a universal tool for coping, resilience, […]
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